BALTIMORE, MD, April 1, 2025 – Can we really trust AI to make better decisions than humans? A new study says … not always. Researchers have discovered that OpenAI’s ChatGPT, one of the most advanced and popular AI models, makes the same kinds of decision-making mistakes as humans in some situations – showing biases like overconfidence of hot-hand (gambler’s) fallacy – yet acting inhuman in others (e.g., not suffering from base-rate neglect or sunk cost fallacies).
You are swimming in an ocean of data and don’t even realize it. All around you are invisible amounts of data that would be staggering to try to comprehend. Thousands of smartphones and smart devices are talking to, sending and downloading vast amounts of data, video, audio, words, numbers, images, you name it. Everything from the latest movie on Netflix to someone’s radiology results from a cancer screening.
Mom-and-pop businesses are trying to adapt to the soaring cost of eggs. The owners of four egg-centric restaurants across the country show how they are coping with this threat to their livelihoods.
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In the middle of record-breaking heat waves and increased electricity demand from residents this summer, the Texas electrical grid struggled, with Texas officials asking residents to ration electricity during peak hours to avoid outages.
New audio is available for media use featuring Rajiv Garg. He is an Associate Professor of Information Systems & Operations Management in the business school at Emory University. He discusses the funding challenges after natural disasters. This content is made available by INFORMS, the largest association for the decision and data sciences. What follows are 4 questions and responses, these responses were provided on August 23, 2022.
On Aug. 16, a passenger at Charlottesville-Albemarle Airport was stopped by a Transportation Security Administration officer for trying to bring an unloaded gun with four bullets onto a plane in his carry-on luggage. It was the first time this year the TSA found a gun at the West Virginia airport, but at other airports, it’s become all too common.
Schools are opening this week, and millions of children are returning to the classroom. After the Uvalde, Texas mass murder of 19 children and two teachers, politicians in Texas called for more teachers to carry guns in classrooms to protect their children and themselves. Ohio recently enacted a law permitting teachers to be armed after 24 hours of training.
Between a global pandemic, rapid shifts in consumer spending and even inclement weather, there are a wide range of factors that have contributed to the semiconductor chip shortage. These semiconductors, which are essential to the production of many everyday electronics, have become increasingly scarce. In response, the U.S. has passed new legislation that will incentivize semiconductor production and attempt to mitigate the ongoing crisis.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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